EDITOR'S NOTE: On August 8, 1994, the authors had circulated a
wage-tax proposal to Major League Baseball players and owners that
could serve as a compromise in order to settle the baseball strike.
This article is based on that wage-tax proposal.

Comments

Sharon and I like to think that our August 8, 1994, letter was the
impetus for the luxury tax idea and the subsequent end of the
baseball strike.